|Author (Person)||Sarvamaa, Petri|
|Author (Corporate)||European Parliament: Committee on Budgetary Control|
|Series Title||Own-Initiative Procedure|
|Content Type||Policy-making, Report|
Report produced by the European Parliament's Committee on Budgetary Control concerning oligarch structures and the need to protection funds of the European union (EU) from fraud and conflict of interest.
This report highlights the risk of fraud and conflict of interest arising from the increasing presence of oligarchic structures in the EU over the years. The analysis is conducted in the context of the Multiannual Financial Framework (MFF) for 2021-2027 and the need to better protect its funds so that they can provide more effective results. It reiterates a call for the Member States to implement a single tool to store and access data on the direct or indirect beneficiaries of EU funding. The committee also stresses the need to strengthen anti-oligarch practices in relation to the existing MFF.
|Subject Categories||Economic and Financial Affairs, Internal Markets, Justice and Home Affairs|
|Subject Tags||Corruption | Fraud | Mismanagement, EU Budget, Multiannual Financial Framework [MFF]|
|International Organisations||European Union [EU]|